Yes Bank drops on reporting 45% fall in Q4 consolidated net profit
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Yes Bank is currently trading at Rs. 15.74, down by 0.48 points or 2.96% from its previous closing of Rs. 16.22 on the BSE.
The scrip opened at Rs. 15.50 and has touched a high and low of Rs. 15.99 and Rs. 15.48 respectively. So far 24565256 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 24.75 on 14-Dec-2022 and a 52 week low of Rs. 12.26 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 17.34 and Rs. 15.24 respectively. The current market cap of the company is Rs. 44944.13 crore.
The Institutions and Non-Institutions held 60.89% and 39.10% stake, respectively, in the company.
Yes Bank has reported results for fourth quarter (Q4) and year ended March 31, 2023.
Yes Bank has reported fall of 44.91% in its net profit at Rs 202.43 crore for the quarter under review as compared to Rs 367.46 crore for the same quarter in the previous year. However, total income of the bank increased by 25.21% at Rs 7,298.51 crore for Q4FY23 as compared to Rs 5,829.22 crore for the corresponding quarter previous year.
On consolidated basis, the bank has reported fall of 44.55% in its net profit at Rs 206.21 crore for the quarter under review as compared to Rs 371.88 crore for the same quarter in the previous year. However, total income of the bank increased by 25.18% at Rs 7,351.56 crore for Q4FY23 as compared to Rs 5,872.60 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the bank has reported fall of 32.71% in its net profit at Rs 717.40 crore for the quarter under review as compared to Rs 1,066.21 crore for the same quarter in the previous year. However, total income of the bank increased by 19.47% at Rs 26,624.08 crore for Q4FY23 as compared to Rs 22,285.98 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, on the consolidated basis, the bank has reported fall of 30.85% in its net profit at Rs 735.82 crore for the quarter under review as compared to Rs 1,064.06 crore for the same quarter in the previous year. However, total income of the bank increased by 19.64% at Rs 26,826.76 crore for Q4FY23 as compared to Rs 22,423.52 crore for the corresponding quarter previous year.
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